Filing Details

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934
(Amendment No. _____2___)*

 

INVESTVIEW, INC

(Name of Issuer)

 

COMMON STOCK, PAR VALUE $.001 PER SHARE

(Title of Class of Securities)

 

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

October 12, 2017

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

^* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 46183W 10 1		13D		Page 2 of 8 Pages

 

1.		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)               WEALTH ENGINEERING LLC
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)    ¨ (b)    ¨
3.		SEC USE ONLY
4.		SOURCE OF FUNDS (see instructions)    OO
5.		CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ¨
6.		CITIZENSHIP OR PLACE OF ORGANIZATION              NEW JERSEY

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7.		SOLE VOTING POWER  122,856,942
		8.		SHARED VOTING POWER
		9.		SOLE DISPOSITIVE POWER  122,856,942
		10.		SHARED DISPOSITIVE POWER

11.		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON     122,856,942 sole voting and dispositive power.
12.		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)    ¨
13.		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  6.4 %
14.		TYPE OF REPORTING PERSON (see instructions)  OO Limited Liability Company

 

 

 

CUSIP No. 46183W 10 1		13D		Page 3 of 8 Pages

 

1.		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  Mario Romano
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)    ¨ (b)    ¨
3.		SEC USE ONLY
4.		SOURCE OF FUNDS (see instructions)    SC, OO
5.		CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ¨
6.		CITIZENSHIP OR PLACE OF ORGANIZATION            NEW JERSEY

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7.		SOLE VOTING POWER    0
		8.		SHARED VOTING POWER  122,856,942
		9.		SOLE DISPOSITIVE POWER    0
		10.		SHARED DISPOSITIVE POWER  122,856,942

11.		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  122,856,942
12.		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)    ¨
13.		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  6.4 %
14.		TYPE OF REPORTING PERSON (see instructions)  IN/HC

 

 

 

 

CUSIP No. 46183W 10 1			13D		Page 4 of 8 Pages

 

1.		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  Annette Raynor
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a)    ¨ (b)    ¨
3.		SEC USE ONLY
4.		SOURCE OF FUNDS (see instructions)    OO
5.		CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     ¨
6.		CITIZENSHIP OR PLACE OF ORGANIZATION  NEW JERSEY

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7.		SOLE VOTING POWER
		8.		SHARED VOTING POWER  122,856,942
		9.		SOLE DISPOSITIVE POWER
		10.		SHARED DISPOSITIVE POWER  122,856,942

11.		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  122,856,942
12.		CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)    ¨
13.		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  6.4 %
14.		TYPE OF REPORTING PERSON (see instructions)  IN/HC

 

  

Item 1.  Security and Issuer.

 

 This Schedule 13D (the “Schedule 13D”) relates to the Common Stock, par value $.001 per share (“Common Stock”), of Investview, Inc., a Nevada corporation (the “Issuer”).

 

The principal executive offices of the Issuer are located at 12 South 400 West, 3^rd Floor, Salt Lake City, Utah 84101

 

Item 2.  Identity and Background.

  

(a)

This Schedule 13D is filed on behalf of Wealth Engineering LLC (“Wealth Engineering”), Mario Romano and Annette Raynor (collectively, the “Reporting Persons”).

 

(b)

The principal business address of each of the Reporting Persons is 745 Hope Road, Eatontown, NJ 07724.

 

(c)

Wealth Engineering markets on-line financial education software and services. Wealth Engineering functions in the capacity of business development for these products and actively markets the products of the Issuer. Mario Romano is the President and Chief Executive Officer and a member of the Board of Managers of Wealth Engineering. Annette Raynor is the Vice President, Chief Operating Officer, Secretary and a member of the Board of Managers of Wealth Engineering.

  

(d)

During the past five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

  

(e)

During the past five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, and as a result of which was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.

  

(f)

Wealth Engineering is a New Jersey limited liability company. Each of Mario Romano and Annette Raynor is a United States citizen.

  

Item 3.  Source or Amount of Funds or Other Consideration.

 

The shares owned by Wealth Engineering LLC were allocated to individual, non-management, members prior to the Reverse Merger transaction between Investview, Inc. and Wealth Generators, LLC which became effective April 3^rd, 2017 (reference 8K as filed April 6^th, 2017 documenting the Contribution and Merger Agreement).

 

Item 4.  Purpose of Transaction.

 

  The purpose of the transaction was to distribute 285,644,751 shares to the 30 individual, non-management, members of Wealth Engineering, LLC based upon and equivalent to their individual ownership percentage at the time of the Contribution and Merger transaction.

 

 

Item 5.  Interest in Securities of the Issuer.

 

(a)     The aggregate number shares of common stock beneficially owned by the Reporting Persons as of the date of this Schedule 13D is 122,856,942 shares, or approximately 6.4% of the class of securities identified in Item 1 based on 1,920,688,781 shares outstanding as of December 20, 2017 as reported in the Issuers Form DEF 14C filed with the Securities and Exchange Commission on December 20, 2017.

 

(b)    The number of shares of Common Stock as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or direct the disposition, or shared power to dispose or direct the disposition, or shared power to dispose or indirect the disposition for the Reporting Persons is set forth in Items 7 to 10 of pages 2-6 of this Schedule 13D and such information is incorporated herein by reference.

 

(c)    Except as reported above none of the Reporting Persons has had any transaction in the class of securities reported herein during the past 60 days.

 

(d)    Not Applicable.

 

(e)    Not Applicable

 

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

  No contracts, arrangements, understandings or relationships (legal or otherwise) exist among the persons named in Item 2 or between any of the Reporting Persons and any other person with respect to any securities of the Issuer, including but not limited to transfer or voting of any such securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions of profits or loss, or the giving or withholding of proxies.

 

Item 7.  Material to Be Filed as Exhibits.

  

Exhibit 2. Joint Filing Agreement

 

 

CUSIP No. 46183W101		13D		Page 7 of 8 Pages

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

	WEALTH ENGINEERING LLC
	By:	/s/ Annette Raynor
	Name:	Annette Raynor
	Title:	Vice President and Chief Operating Officer
	By:	/s/ Mario Romano
	Name:	Mario Romano
	Title:	President